Get premium membership and access questions with answers, video lessons as well as revision papers.
(i) It is relatively cheap.
(ii) Confidentiality is enhanced (use of password).
(iii) Transactions can be done online.
(iv) It is fast.
(v) Operates 24 hours/ day and night.
(vi) It covers the whole world ( global) wide coverage.
(vii) Information can be stored for future reference.
(viii) Product promotion can be done.
maurice.mutuku answered the question on August 15, 2017 at 06:00
- What are the features of an efficient transport system?(Solved)
List the features of an efficient transport system.
Date posted: August 15, 2017. Answers (1)
- What are the benefits of pooling of risks?(Solved)
List the benefits of pooling of risks.
Date posted: August 15, 2017. Answers (1)
- What are the benefits of economic integration to member states?(Solved)
List the benefits of economic integration to member states.
Date posted: August 15, 2017. Answers (1)
- What is the importance of natural resources?(Solved)
Give the importance of natural resources.
Date posted: August 14, 2017. Answers (1)
- What measures are taken by the central bank of Kenya (CBK) to control credit?(Solved)
Discuss measures that are taken by the central bank of Kenya (CBK) to control credit.
Date posted: August 14, 2017. Answers (1)
- What are the essential elements of communication?(Solved)
List the essential elements of communication.
Date posted: August 14, 2017. Answers (1)
- In what ways does the Kenya Association of Manufacturers (KAM) ensure that their members do not exploit consumers?(Solved)
Explain ways in which the Kenya Association of Manufacturers (KAM) ensures that their members do not exploit consumers.
Date posted: August 14, 2017. Answers (1)
- What measures can a business put in place to safeguard office property?(Solved)
List measures that a business can put in place to safeguard office property.
Date posted: August 14, 2017. Answers (1)
- How are scarcity, choice and opportunity cost related?(Solved)
Explain how scarcity, choice and opportunity cost are related.
Date posted: August 14, 2017. Answers (1)
- What is the importance of national census statistics in an economy?(Solved)
Give the importance of national census statistics in an economy.
Date posted: August 14, 2017. Answers (1)
- In what ways can the physical environment positively impact a business performance?(Solved)
Highlight ways in which physical environment can positively impact a business performance.
Date posted: August 14, 2017. Answers (1)
- What is the importance of subsidiary books?(Solved)
Give the importance of subsidiary books.
Date posted: August 14, 2017. Answers (1)
- What benefits will Kenya reap after the completion of the Lamu Port & Lamu-South Sudan-Ethiopia Transport corridor( LAPSSET) project whose construction is underway?(Solved)
List benefits that Kenya will reap after the completion of the Lamu Port & Lamu-South Sudan-Ethiopia Transport corridor( LAPSSET) project whose construction is underway.
Date posted: August 14, 2017. Answers (1)
- Why are employers expected to provide their employees with insurance cover?(Solved)
List reasons why employers are expected to provide employees with insurance cover.
Date posted: August 14, 2017. Answers (1)
- What methods do countries use to restrict importation of goods?(Solved)
List methods that countries use to restrict importation of goods.
Date posted: August 14, 2017. Answers (1)
- Under what circumstances would a producer prefer to sell his product directly to the consumer?(Solved)
List the circumstances under which a producer would prefer to sell his product directly to the consumer.
Date posted: August 12, 2017. Answers (1)
- What are the effects of a declining population to an economy?(Solved)
List the effects of a declining population to an economy.
Date posted: August 12, 2017. Answers (1)
- What are the importances of Entrepreneurship to an economy?(Solved)
Discuss the importances of Entrepreneurship to an economy.
Date posted: August 12, 2017. Answers (1)
- What benefits does a business person enjoy because of preparing a business plan?(Solved)
Highlight the benefits that a business person enjoys because of preparing a business plan.
Date posted: August 12, 2017. Answers (1)
- What are the benefits of after sale services to customers?(Solved)
List the benefits of after sale services to customers.
Date posted: August 12, 2017. Answers (1)